Tag: 7 Figure Cycle

Before accelerating towards the definition of e-commerce you should know that the concept of e-commerce consists of two sections:

First: “eCommerce” 7 Figure Cycle section reflects the trade and economic activity known to us through which the circulation of goods and services according to the rules and systems followed and agreed upon.

Second: “Electronic” and is intended to carry out the performance of economic activity “commercial” using modern communications technology such as the Internet and networks and electronic methods

7 Figure Cycle

We can already know e-commerce

“The process of advertising and definition of goods and services and then the execution of transactions and contracts, then purchase and sale of those goods and services and then pay the value of purchasing across different communication networks, whether the Internet or other networks linking the buyer and the seller.

Electronic commerce patterns

E-commerce has a variety of patterns that revolve around it. The following figure shows some of these patterns. E-commerce can be viewed as a multidimensional concept that can be applied and used in more than one style and form as follows:

1. Business Foundation – Business Foundation7 Figure Cycle Login type of business is carried out between the business enterprises through communication and information technology networks, in order to place orders for suppliers and exhibitors, to deliver invoices and complete payments. This type of e-commerce exists for many years, especially in electronic data exchange through private networks.

2. Business – Consumer Business to Consumer
This type of e-commerce represents retail in normal trade and this type has expanded significantly with the emergence of the Internet, there are now so-called shopping malls Shopping malls offering services through the supply of goods and services, for the benefit of enterprises and carry out commercial transactions in terms of procurement And the sale through the Internet and are paid in different ways the most common credit cards or electronic checks or cash on delivery.

3. Business Foundation – Government Administration Business to Administration
This mode covers all transactions between companies and government agencies. For example, in the United States, government procurement is advertised through the Internet and companies can exchange responses electronically. Currently, the pattern is in its infancy, but it will expand very quickly if governments use their e-commerce processes.

4. Consumer – Government Administration Consumer to Administration
This style has not yet emerged. But may spread with the spread of e-business and the growth of the company’s style to the consumer and the company to the government body.

Areas of Electronic Commerce

Many people think that e-commerce is just getting a website, but it is much larger. There are a lot of e-commerce applications such as online banks, online shopping malls, stock buying, job search, auctions and collaboration with other individuals in a research job. In order to implement these implementations, it is necessary to obtain supportive information, systems and infrastructure.

E-commerce applications are supported by infrastructure. The performance of these applications requires reliance on four important axes:
1) People
2) Public policy
3) Technical standards and protocols
4) Other companies

Impact of electronic commerce

E-commerce is no longer as futuristic as it was in the last century. 7 Figure Cycle Review is now successful, especially in technologically developed countries, where the United States, Japan and Europe are the leaders of this trade, in their conception and realization. They are developing rapidly, especially with the increase of direct investments in ICT technology. After the Internet was available to the public after it was limited to only one governmental entity, the rapid growth of the Internet will affect the degree of effectiveness of e-commerce, which will in the future be the predominant feature of the commercial community in the societies as a whole. Arab or non-Arab, where companies will try to exploit all their potential in e-commerce, which will in turn lead to business operations on the world’s communities beyond the expectations of customers and consumers, in terms of definition and identification of the market Or create whole new markets. All companies that ignore modern technology will be affected by these changes in markets. Both community members will be well-known for purchasing goods, accessing information and services, and interacting with government agencies. The overall impact on lifestyle will include all aspects of life and will be noticeable during the next few years and e-commerce has an impact on a large number of commercial activities, including the following:

E-commerce is expected to have a major and rapid impact on the competitive shape of commodities, the shape of markets and the movement of individuals in traditional commodity markets.

The distinctive features of electronic commerce

E-commerce, which emerged as a relatively new concept in the commercial dictionary during the 1970s, has several features:

Lack of direct relationship between the parties to the business process.

There is no reciprocal paper documents when transactions are executed and executed as all transactions between the parties to the transaction are carried out electronically.

Group or parallel interaction or, in other words, the possibility of interacting with more than one source at the same time.

The possibility of implementing all the components of the business process, including the delivery of non-physical goods on the network.

Benefits of Electronic Commerce

First: Benefits of e-commerce for companies:

1. More effective marketing and more profits. The adoption of Internet marketing companies allows them to offer their products and services throughout the world all day and without interruption, which gives the company a greater opportunity to profit.

2. Reducing company expenses. The process of preparing and maintaining websites is more economical than building markets or installing expensive equipment.

3 – Effective communication with partners and customers, where the distances and crosses the border, providing effective ways to exchange information with partners and with other companies.

Second: Benefits to Individuals:

1 – save time and effort, as these electronic markets are opened permanently. The customer does not need to travel or even use his car or stand in a long queue. All you need is to click the desired product and then pay by credit card.

2 – freedom of choice, and provide great opportunities to visit forced as many shops in record time, with knowledge of all the necessary information about the product

3 – price reduction, where there are many competing companies that sell at lower prices compared to traditional shops or trade to reduce the cost them.

1) Buying and selling products and services which is called the online market.
2) Facilitate and manage the flow of information, communication and cooperation between companies and between different parts of a single company
3) Provide customer service

Information systems between institutions and markets

The market is a place of transactions, transactions and relationships for the exchange of products, services, information and funds. When the market is electronic, the trade center is not a building or the like, but a network store with commercial transactions. The participants in the electronic marketplace are sellers, buyers and samars, not only in different places but rarely knowing each other. Ways of communication between individuals in the online market vary from individual to individual and from case to case.

7 Figure Cycle Review – How to Market Products Online, One of the visitors to whom I am so proud is sent to consult me ​​about a website that offers a product for sale. The main focus of the consultation was how to market products online. So I offered him some tips and liked to benefit everyone.

You may have a very great product that you can sell and earn millions from behind the Internet or you may have a great service such as furniture storage, pest control, house cleaning or whatever. However, how to market and display that product or service may be a hindrance. In front of the profit of those millions ..

Online Product Marketing:

If you want to know how to market products online or through the Internet, the first thing you should know when writing a sales letter to customers is to learn self-criticism .. We are not prophets or messengers .. Many of us may write a sales letter, article or post On a blog and does not tire itself then read it with my eyes and the mind of the critic .. Show your words on your mind and see whether you are convinced or not .. Put yourself in the place of your visitor and see whether you like or not .. Look for your mistakes and justice and learn from them ..

One of the most important things to consider when reviewing your sales letter is the factor of trust and credibility .. Have you found it achieved in the sales letter ?? Have you found yourself certified for that person (you) who wants to sell his goods to you? Are you now willing to pay part of the owner to get his product? Are you sure that an owner will return to you if there is a problem with the product? Is there someone else bought the product before you and have good opinions about it ??

One of the basic factors to sell your product easily and easily on the Internet is to win your customer confidence in you and believe you .. It is known that the customer on the Internet does not see you and perhaps you and the country and thousands of kilometers .. Do you think that the sale will be easy without a very high level of Credibility and trust between the parties (seller and buyer) …

Selling online:

One of the most important reasons that helps you to give your client the confidence and credibility in you and make him make the decision to buy with all profitability are:

Having a definition about yourself is clear and visible to your visitors. Explain them to you easily, easily and simply ..

Show them where you live and what are the ways of communicating with you

Put the views of the customers who bought from you before that … Of course, these opinions should be honest and not just fake words that have been written .. You can do this for example through your Facebook page or by having a place for comments on your product page … If there is no one You can offer your product – whether it is an electronic product – for free or at a very low price for the first 10 customers who buy from you, for example, in exchange for asking them to put their opinions on your product as long as you trust its quality. They themselves are a terrible marketing tool for you ..

Save your customers more than one method of payment to you .. Do not provide me as a way of payment through the bank only, and then I send money to your bank account without any guarantee on your part to send the product to me the same specifications other than words written on your site .. For example, I have another way of guaranteeing the rights of the parties by means of a site or other intermediary party, for example, the PayPal site, for example, which guarantees the rights of the parties (seller and buyer)

Provide a way for your customers to ask you about the product .. Any sale process is entitled to ask the customer about the product and specifications to make sure some things in mind .. If you do not provide a means to communicate with you to ask you will certainly lose because it will not gain confidence in you only your question and your answer There is a discussion between you.

Also the important thing in selling and Product marketing online is not to make the whole product in return for money .. But make part of it for free .. The client – especially the smart customer – will not buy anything before the experience .. And you not to provide a free part of me as a client to risk To pay my money in exchange for something I did not see and did not know the level of performance .. Thus, the factor of reluctance to buy me as a customer will be very large .. And then you should offer part of your product for free.

Also, it is not correct to have your sales letter with language errors .. Be professional in your presentation of your product .. Use an attractive language without exaggerating the advantages of your product .. But follow the approach of simplicity and gravity in the presentation and presentation ..

Make your sales message in brief points. Every point you address is a question you expect in the mind of your readers or customers. Do not make them talk behind each other so that the customer does not tire of reading.

Support your sales message with pictures and videos .. If you can record a video for you explaining your product will be better and better ..

If you can show your product in a storytelling way, it will be very fun. So a story with a problem will happen to someone. Then the solution will come through your product, for example.

Support the sales message with gifts and free offers to your customers who buy your product.

Show your product at a reasonable price (not expensive or cheap) but try comparing it to similar online products.

Those were some ideas, but I remembered something else, God willing, and those who had another addition let it be thankful to benefit everyone .. We are here to market online Learn from each other and add to each other’s experiences ..